The two teams said they had been reassured by Formula One's approach under chairman Chase Carey and his new management team, who had "brought a new culture of transparency to the sport".
Team co-owner Vijay Mallya said in a statement on Tuesday that the deal, which will make the cars stand out at the Australian season-opener next week, is one of the most significant partnerships in Force India's 10-year history.
By virtue of this show, Sahara Force India collected six points from the race and consolidate its fourth position at the Constructor's standings with 101 points.
Force India set their sights on breaking into Formula One's top three at the launch of their new car on Wednesday and hit back at suggestions that they lack the budget to match the manufacturers in a spending 'arms race'.
Perez, who started eighth on the grid, finished ninth after being passed by Kevin Magnussen towards the end of the 56-lap race.
Force India are now 99 points clear of fifth-placed Williams, and 165 behind third-placed Red Bull, with a maximum 86 remaining to be won.
Ferrari were the fastest in pre-season testing, raising suspicions that their new SF70H car has closed the chasm between Mercedes and the rest.
A summary of sports events and sports persons, who made news on Friday
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